Shinhan Bank Launches Special Savings and Time Deposits for 40th Anniversary... Up to 4% Annual Interest

[Asia Economy Reporter Bu Aeri] Shinhan Bank announced on the 1st that it will launch special promotional products to celebrate its 40th anniversary.

First, the ‘Shinhan 40th Anniversary Festa Savings’ is a 10-month flexible savings account with weekly deposits. Depending on weekly deposit status, an annual interest rate of up to 4% is applied. Deposits of up to 300,000 KRW per month are allowed, and it is launched with a limit of 100,000 accounts.

Customers who make consistent weekly deposits will also participate in a roulette event where up to 4 million MyShinhan Points are awarded every 10 weeks through a lottery.

The special 40th anniversary fixed deposit, 'Shinhan S Dream Fixed Deposit (40th Anniversary Appreciation)', is a 1-year fixed deposit offering an annual interest rate of up to 3.2%. It allows deposits up to 100 million KRW and is launched with a limit of 1 trillion KRW.

During July, Shinhan Bank will provide all customers who subscribe to the 40th anniversary special promotional savings and fixed deposit products with Shinhan Bank SOL character emoticons (KakaoTalk). Additionally, through a lottery, a total of 400 winners will receive various prizes including 4 don gold bars, LG StanbyMe, Shinsegae gift certificates worth 1 million KRW, iPads, and more.